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CIFOR–ICRAF publishes over 750 publications every year on agroforestry, forests and climate change, landscape restoration, rights, forest policy and much more – in multiple languages.

CIFOR–ICRAF addresses local challenges and opportunities while providing solutions to global problems for forests, landscapes, people and the planet.

We deliver actionable evidence and solutions to transform how land is used and how food is produced: conserving and restoring ecosystems, responding to the global climate, malnutrition, biodiversity and desertification crises. In short, improving people’s lives.

The economics of home grown forestry

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Costs of applying silvicultural treatments prescribed to increase yields of timber and non-timber forest products from natural forests should be calculated differently for industrial logging companies, private non-industrial forest owners, and community based forest management operations. For forest owners who are not concerned solely with maximising short-term profits from their forests, the opportunity costs of forest labour are often lower than official minimum wages. Furthermore, for forest owners who do not have ready access to interest accruing savings mechanisms or where bank solvency is in question, the opportunity costs of waiting for long rotation forest crops to mature may not be as high as public interest rates would suggest. Both the true costs of management and the multitude of marketed and non-marketed benefits from well-managed natural forests need to be considered when assessing forestry as one component of a diverse portfolio of conservation options.
    Publication year

    2000

    Authors

    Putz, F.E.

    Language

    English

    Keywords

    costs, community forestry, forest products industry, silviculture, forest products, yield increases, nature conservation

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